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joe biden is currently in the lead. join the conversation. >> great set of nashes, joe biden. we'll bring that picture back and have another look. meanwhile, jpmorgan reports results. forecast to earn $1.22 a share. the badge expected to benefit from high revenues for mort fwanl lending and fixed income capital markets. investors will also listen to further comments about how jpmorgan is dealing with its trading loss. >> dimon said jpmorgan had done the government a favor by buying the bank claiming they lost as much as $10 billion related to the purchase so far. we earlier heard john mccain saying he doesn't owe dime on that anything. i also caught up with alan schwartz. i asked him his view on the current investment climate. >> you have to be cautious.uncertainty is so significant, we have to be cautious, but you don't want to get unduly pessimistic because a lot of the problems are at least out there on the surface where people can see them instead of lurking in the background. >> what is the biggest hurdle? >> i think the biggest activity or hurdle to deal flow is probably
joe biden is currently in the lead. join the conversation. >> great set of nashes, joe biden. we'll bring that picture back and have another look. meanwhile, jpmorgan reports results. forecast to earn $1.22 a share. the badge expected to benefit from high revenues for mort fwanl lending and fixed income capital markets. investors will also listen to further comments about how jpmorgan is dealing with its trading loss. >> dimon said jpmorgan had done the government a favor by buying...
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i have seen joe biden in other settings. disappointing appearance last night. >> michael, what did you think? >> i thought the vice president was terrific. i thought he made clear what the contrasts are between the candidates. it was a substantive debate. the vice president outlined differences on medicare, on social security, on taxes, on carried interest for hedge funds, you name it. all the issues that i think the american voters really care about came up in that debate. the vice president really delivered on clarifying those differences. >> what about the issues pertaining to the performance itself? was he being condescending with the laughter, do you think? >> i think this kind of commentary on the facial expressions of candidates is getting away from the real issues here. the vice president, i thought, did a powerful job explaining the substantive differences between the candidates. on medicare, the vice president's stand to protect medicare. >> you don't think viewers -- >> i think the substance matters. >> i'm being
i have seen joe biden in other settings. disappointing appearance last night. >> michael, what did you think? >> i thought the vice president was terrific. i thought he made clear what the contrasts are between the candidates. it was a substantive debate. the vice president outlined differences on medicare, on social security, on taxes, on carried interest for hedge funds, you name it. all the issues that i think the american voters really care about came up in that debate. the vice...
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i must say joe biden played into this by being such a jerk and being so rude. the average person doesn't distinguish between personal interaction and they can't get along with the other guy and he can't let him finish a sentence and i think that speaks volumes. david brooks of the new york times had the same observation. i think the obama team had a cardinal decision. they came close. >> maybe i'm old-fashioned, but i don't think you should call the vice president of the united states a jerk on national television, and i think you're wrong. secondly, i -- >> i'm just repeating what the focus group said, jared. this is what viewers were saying. this is what gloria borger said and all of the people who were on tv last night. >> jennifer, don't call the vice president a jerk on television regardless of what the focus groups say. show a little respect. >> you are backing two candidates that have called mr. romney a liar, a felon. >> i think that's wrong. >> i think that's wrong. >> not only do i think that's wrong, but on this very show tonight we said let's not us
i must say joe biden played into this by being such a jerk and being so rude. the average person doesn't distinguish between personal interaction and they can't get along with the other guy and he can't let him finish a sentence and i think that speaks volumes. david brooks of the new york times had the same observation. i think the obama team had a cardinal decision. they came close. >> maybe i'm old-fashioned, but i don't think you should call the vice president of the united states a...
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joe biden loves to come out and deliver the zingers. is that a risk or an area of opportunity for help and how much ground does he need to recover from obama's performance in last week's debate? >> usually on vice presidential debates it's all about do no harm, but i think this will be interesting. you're seeing slippage in the pollsjoe biden is to reassure democrats and go back at some of the points that romney and ryan have been making but do it without sounding like a father. you'll have a generational gap on the stage and he has to be aggressive and assertive without looking like he's scolding a child and that will be difficulty that he faces. because lot of americans are looking for that articulation of what the administration has voiced going forward and that is also what he'll have to do. refute the facts, but also continue to give that vision going forward. >> sarah, what are the prospects for him to do that? >> welsh i think that i would expect that with the pressure as high as it is for democrats to recoup the events of the la
joe biden loves to come out and deliver the zingers. is that a risk or an area of opportunity for help and how much ground does he need to recover from obama's performance in last week's debate? >> usually on vice presidential debates it's all about do no harm, but i think this will be interesting. you're seeing slippage in the pollsjoe biden is to reassure democrats and go back at some of the points that romney and ryan have been making but do it without sounding like a father. you'll...
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bob dole said he expects joe biden to come out swinging and not to let up. and in this race -- a race this close, this might even make a difference, not a whole lot but enough to measure. larry? >> john harwood, thank you very much. we appreciate it. >>> mitt romney's taken his post-debate momentum straight on to team obama turf. this is interesting. obama's lost his hold on florida, virginia and ohio. those number have now gone to romney. romney has now gone behind enemy lines to challenge in michigan and pennsylvania. that's also new. all this comes as the romney rally continues in the latest polls. rasmussen has romney up by one. investors business daily has romney leading obama by five, 49-44. there's the daily tracking poll. with tomorrow night's debate, won't the inevitable paul ryan victory just send team obama over the edge into the looney bin? well, that's kind of the way i see it. but there may be some disagreement. we have karen finney, columnest for "the hill." and kate obenshane. ms. finney, this is the way i look t it. romney is smarter than bi
bob dole said he expects joe biden to come out swinging and not to let up. and in this race -- a race this close, this might even make a difference, not a whole lot but enough to measure. larry? >> john harwood, thank you very much. we appreciate it. >>> mitt romney's taken his post-debate momentum straight on to team obama turf. this is interesting. obama's lost his hold on florida, virginia and ohio. those number have now gone to romney. romney has now gone behind enemy lines...
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joe biden and paul ryan clashing on on the economy and the mideast. we'll bring you highlights. plus everyone from washington to wall street is still buzzing about a cnbc exclusive. as the fiscal cliff near, steve liesman sat down with lloyd blankfein, alan simpson and irs skin bowles. >> people won't understand how critical this time in history is. we have $7.7 trillion worth of economic events that will hit america in the gut in december. and in washington they're doing nothing about it. nothing abit. we should be asking these guys running for president and every guy running for congress what are you going to do? >> we're accepting the challenge to do something about the looming fiscal cliff, so this morning we will ask each of our guests about the stakes and consequences for action and inaction. blankfein predicts that there would an huge positive impact on the economy and the markets if a bipartisan compromise is reached. he says he would be a buyer of the market as a result. plus andrew has a great line of corporate leaders. >> thank you, becky. and did you a remarkable job
joe biden and paul ryan clashing on on the economy and the mideast. we'll bring you highlights. plus everyone from washington to wall street is still buzzing about a cnbc exclusive. as the fiscal cliff near, steve liesman sat down with lloyd blankfein, alan simpson and irs skin bowles. >> people won't understand how critical this time in history is. we have $7.7 trillion worth of economic events that will hit america in the gut in december. and in washington they're doing nothing about...
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. >>> plus, how joe biden may have helped the credit card industry's recent boom. >>> and the value of being a number off. this is a story featuring florida, its governor, good intentions and porn. you won't want to miss that. >>> but the big headline today, our exclusive interview with lloyd blankfein and the author of simpson-bowles. listen to this. >> the american people are way ahead of congress. >> way ahead of politicians. they know we've got a problem and they want those politicians to stand up and get the job done. for generations we've asked our politicians to bring home the bacon. well, the pig is dead. >> in the meantime, some very strong words from the goldman ceo, brian. but here is the trillion dollar question. the dow is up about 10% so far this year. is the fix to the fiscal cliff already priced in or would a real solution add even more to this big run. l steve, what say you -- is it already priced in? >> i don't think so because i don't think we know exactly what the solution is yet. i think there's going to be something coming but how much is going to come from the ta
. >>> plus, how joe biden may have helped the credit card industry's recent boom. >>> and the value of being a number off. this is a story featuring florida, its governor, good intentions and porn. you won't want to miss that. >>> but the big headline today, our exclusive interview with lloyd blankfein and the author of simpson-bowles. listen to this. >> the american people are way ahead of congress. >> way ahead of politicians. they know we've got a...
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joe biden's job is to put a brake on it and paul ryan will have to keep it going. and when you think about match-ups between veteran politicians like biden and younger vice presidential nominees, we've got some pretty good case studies. one is lloyd benson against dan quayle and lloyd benson had one of the historic smackdowns of quail. but ryan has an entirely different political persona. he's very much a policy geek, he's very much on top of substance. and so i think that's not going to be easy for biden to do. one analog that might be useful is dick cheney and john edwards in 2004 when john kerry had built momentum against george w. bush and dick cheney sat down with john edwards and kind of portrayed him as a light weight who hasn't been around, who missed a lot of votes. cheney projected some sgchlt ravitas and did george bush a virs. and president obama is hoping joe biden can do that for him tonight. >> i was wondering if you're going to ask that question, are you ready if something god forbid were to happen, a heartbeat away, do you make that point with paul
joe biden's job is to put a brake on it and paul ryan will have to keep it going. and when you think about match-ups between veteran politicians like biden and younger vice presidential nominees, we've got some pretty good case studies. one is lloyd benson against dan quayle and lloyd benson had one of the historic smackdowns of quail. but ryan has an entirely different political persona. he's very much a policy geek, he's very much on top of substance. and so i think that's not going to be...
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scott, see you at the top of the hour. >>> joe biden, paul ryan discussing everything from health care to unemployment and taxes in last night's vice presidential debate. listen in to one of the most contentious moments. >> you can cut tax rates by 20% and preserve the important preferences for -- >> not moth mathematically possible. >> it's been done before, precisely what we're proposing. >> it has never been done before. >> it's been done a couple of times. jack kennedy lowered tax rates. >> oh now you're jack kennedy. >> the most tweeted about moment last night. ben labolt is the obama for america press secretary and joins us from chicago. ben good morning to you. >> good morning, carl, thanks for having me back. >> i agree with what "the journal" said, this was a debate. we did get the back and forth as messy as it was. >> no question. >> our first question on style, i walk in this morning and fire up my computer there's a joke, what's joe biden's favorite candy? snickers. did you guys try to manage his laughter? did that get out of hand? >> you know, republicans like to talk abou
scott, see you at the top of the hour. >>> joe biden, paul ryan discussing everything from health care to unemployment and taxes in last night's vice presidential debate. listen in to one of the most contentious moments. >> you can cut tax rates by 20% and preserve the important preferences for -- >> not moth mathematically possible. >> it's been done before, precisely what we're proposing. >> it has never been done before. >> it's been done a couple of...
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in the other, wearing the blue, it's joe biden. and when the bell rings, these gentlemen will come out debating. we are just two days away from the next major event of the u.s. election season. the vice presidential debate in kentucky. you can catch all the action right here on cnbc. our own coverage will begin thursday at 8:00 p.m. eastern. ross, i cannot wait. i am so bummed, it's going to be hard to watch it over here because it will be so late, or early our time. >> do vp debates actually matter? >> they can, and i think in this case, when -- >> i'm not saying it won't be a good watch. i'm just wondering whether a it has any impact. >> i think traditionally do they have a lot of impact. maybe, does this one have the potential to be impactful? absolutely. >> it will be covered. a crucial deadline today. more as soon as we come back. >>> you're watching "worldwide exchange." these are your headlines. alcoa warning of slow demand from china. >> deadline day for the eads and bae. >> could risk pushing the global economy back into r
in the other, wearing the blue, it's joe biden. and when the bell rings, these gentlemen will come out debating. we are just two days away from the next major event of the u.s. election season. the vice presidential debate in kentucky. you can catch all the action right here on cnbc. our own coverage will begin thursday at 8:00 p.m. eastern. ross, i cannot wait. i am so bummed, it's going to be hard to watch it over here because it will be so late, or early our time. >> do vp debates...
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. >>> seconds away on "the kudlow report," a cia deception detective to see how many times joe biden lied in last night's debate. and the
. >>> seconds away on "the kudlow report," a cia deception detective to see how many times joe biden lied in last night's debate. and the
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i think joe biden might be a good guy for the peace prize. what do you think? do you think he's nominated? the market sold off a little bit so far this week. what do you think that we ought to expect? has the s&p hit a near term resistance level because so many people say it's not justified, it's all bernanke? >> i don't think so yet, joe. there's a lot of weight on the market right now. one of the contributing factors is the oil. i wasn't even really thinking of that until your guest was discussing this probing process back towards that $100 a barrel level. most important, with the top trade that we've been seeing, i think you have to distance yourself and look at a little bit of a larger, bigger timeframe and that's what i've been doing. if you do, there's somewhat of a concerning picture which is being painted. the technicals are extremely important at this point. we had a huge run-up in the first week and second week of september, and right now, we're starting to work our way back down and testing some of those lows from the beginning of september, and if y
i think joe biden might be a good guy for the peace prize. what do you think? do you think he's nominated? the market sold off a little bit so far this week. what do you think that we ought to expect? has the s&p hit a near term resistance level because so many people say it's not justified, it's all bernanke? >> i don't think so yet, joe. there's a lot of weight on the market right now. one of the contributing factors is the oil. i wasn't even really thinking of that until your guest...
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i think we have an understanding of who joe biden is and what he stands for. on the other side of the equation, i'm personally excited to see congressman ryan tonight. he's a smart guy. he's in command of details. i am very hopeful that he will be able to carry forth the momentum that the romney campaign got out of the first presidential debate. >> how do you think he should play that? because the lead article in the "washington post" today notes how -- an emphasis in tone governor romney is tracking to the center for obvious reasons as we get closer to the vote. do you think ryan should do the same or double down on his conservative heritage for what that could do to get the vote out on the gop side? >> simon, i think what ryan should actually do is follow the boss' lead and i think that it's gotten the campaign to where they are today. they have the momentum. and i would like to see congressman ryan keep it going. i think can he do every bit of that. when you think about what the issues are here, there is such a sharp contrast, differences, between the two c
i think we have an understanding of who joe biden is and what he stands for. on the other side of the equation, i'm personally excited to see congressman ryan tonight. he's a smart guy. he's in command of details. i am very hopeful that he will be able to carry forth the momentum that the romney campaign got out of the first presidential debate. >> how do you think he should play that? because the lead article in the "washington post" today notes how -- an emphasis in tone...
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now this thursday on the 11th you've got paul ryan and vice president joe biden. this is going to be very important for obama's effort to stave off romney. then on the 16th you got the second obama-romney debate. on the 22nd final obama-romney debate. then the last friday before the election one more jobs number. my own inclination the job numbers aren't quite as "game change"ing for debates as for the reason voters know how they feel about the economy. they don't need a government report. it does get a lot of attention and we got a race that's plainly at this point even though obama still has a slight advantage in the battleground states this race can go either way. >> interesting. then we got the governor, of course, speaking at vmi about foreign policy, an area for which a little while he appeared to want to take the campaign, at least before the debate. how ground moving is this? >> reporter: i don't think it's very ground moving. it's not what people will vote on. for romney it's an effort to press a leadership advantage which may be one of the things that mo
now this thursday on the 11th you've got paul ryan and vice president joe biden. this is going to be very important for obama's effort to stave off romney. then on the 16th you got the second obama-romney debate. on the 22nd final obama-romney debate. then the last friday before the election one more jobs number. my own inclination the job numbers aren't quite as "game change"ing for debates as for the reason voters know how they feel about the economy. they don't need a government...
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so we have to see whether paul ryan, who is very smart policy guy, can beat joe biden who makes shall mistake, but he's been around a long time and he those some thing. p. >> you wrote a column suting the debates ultimately are oftentimes historically irrelevant, that they don't change the outcome. is there something specifically happening this time that's different? >> what i said in that story was that historical pattern is that usually even if you have a surprisingly good first debate for one party or the other, usually they don't change the trajectory of the campaign. but every once in a while, and 2000 is the best example, a whole series of thins come together and the vice presidential debate is important in that process to accelerate the wave or stop it. and that's what we'll find out in kentucky later. >> you said the jobs number doesn't matter. is that in part this whole jack welch thing over the weekend around whether the numbers are real, does that matter in all of this? >> i think the jack welch stuff was crazy talk. and earlier in the year when you guys were down in washin
so we have to see whether paul ryan, who is very smart policy guy, can beat joe biden who makes shall mistake, but he's been around a long time and he those some thing. p. >> you wrote a column suting the debates ultimately are oftentimes historically irrelevant, that they don't change the outcome. is there something specifically happening this time that's different? >> what i said in that story was that historical pattern is that usually even if you have a surprisingly good first...